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UPDATE 1-PBF Energy expects Martinez refinery rebuild extending into February
PBF Energy, Inc. Class A 0.00% Pre
PBF Energy, Inc. Class A PBF | 39.76 38.95 | 0.00% -2.04% Pre |
Adds details in paragraphs 2 and 3
Jan 2 (Reuters) - PBF Energy PBF.N said on Friday that rebuild activities at its California-based Martinez refinery, following a fire last year, are now expected to progress into February.
A fire had broken out at the 157,000-barrel-per-day refinery on February 1, 2025, impacting its operations.
The company, which had previously projected a year-end 2025 restart, expects to achieve planned operating rates by the beginning of March 2026.
(Reporting by Pooja Menon in Bengaluru; Editing by Vijay Kishore)
((Pooja.Menon@thomsonreuters.com;))
